【SMM Flash News】Endesa Reports 18% Profit Growth and Unveils 2026-2028 Strategy

PT Arkora Hydro Tbk (ARKO) officially commenced commercial operations of its 5.4 MW Kukusan 2 run-of-river hydro project in Lampung on February 6, 2026. With an annual output of 35.02 GWh, the plant marks ARKO's fourth operational project and accounts for 17.8% of its projected 2026 power production. Backed by a 25-year PPA with PLN, the facility is estimated to power up to 7,000 households while supporting Indonesia’s Net Zero Emission 2060 goals through minimal environmental impact.

German energy giant E.ON SE has ramped up its 2026–2030 investment plan to €48 billion, responding to the urgent infrastructure needs of the European energy transition. The updated strategy allocates €40 billion specifically to Energy Networks to accommodate the surge in renewable connections, data centers, and battery storage. After reporting a €3 billion adjusted net profit in 2025, the company aims for €3.8 billion by 2030. This massive capital commitment focuses on modernizing distribution grids and industrial decarbonization, which CFO Nadia Jakobi described as the "deciding factor" for a successful energy transition.

EDP Renovaveis (EDPR) reported a 50% year-on-year increase in recurring net profit to €330 million for 2025, driven by a strategic pivot toward low-risk markets in the US and Europe. Recurring EBITDA rose 17% to €1.97 billion, beating its annual guidance. Despite robust operations—with generation up 11%—reported net income was weighed down by non-recurring charges, including impairments in Europe and the repowering of the Meadow Lake IV wind farm in the US. The company forecast a further EBITDA rise to €2.1 billion for 2026.